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At the same time, experts warn about the possible stratification of the real estate market. Currently, the situation in the housing market of the United Arab Emirates continues to show resilience. Experts from the analytical agency Reuters inform that until the end of 2022 it will remain at approximately the same price level. Analysts believe that there will be an increase in value, but insignificant: prices will increase by 3 percent this year and another 2.5 percent next year. Faisal Durrani, head of Middle East research Knight Frank, calls Dubai market cheap compared to other countries in the world. The expert informs that now prices are one third lower than their maximum recorded in 2014. According to the expert, the main reason for the lack of significant growth is the abundance of...

You will probably think that this cannot be. How can you become the owner of property by spending the same amount as on a round of golf? Yes, Dubai is known for its high entertainment prices. And it is true that 500 dirhams (136 dollars) is the price of entering a golf course or the cost of one fashionable T-shirt. How can it be that the apartment costs the same? The answer is simple and complicated at the same time: SmartCrowd crowdfunding. In fact, 500 dirhams is the amount from which investors can now participate in joint investments. Of course, you do not become a full-fledged homeowner in terms of living or renting out your square meters. However, you are guaranteed to receive a title deed, and therefore you really turn into a real investor. Previously, the minimum threshold for...

The new way of buying a house in the UAE has already taken over the market and is gaining popularity among those who wish to move to Dubai at a minimal cost. Rent with subsequent purchase is an opportunity to get housing ownership without extra nonrecurrent expenditures. This method is chosen by families with an average income, for whom it is important to obtain full ownership of the apartment and the ability to pass on the housing to children by inheritance in the end. The scheme to transfer housing after paying monthly payments is similar to a mortgage, but there is a difference: a lower interest rate that the developer sets. Moreover, a significant difference is such a transfer plan: a new owner gets the opportunity to move into a new home only after payments in the amount of a quarter...